Gold hopeful Artemis Resources has been granted two exploration licences in the Pilbara that surround the company’s Radio Hill operations and link its tenements to joint venture partner Novo Resources’ Comet Well project.
The licences include the 47 Patch conglomerated-hosted gold find and the extension of the gold-bearing conglomerates running west from the Purdy’s Reward project through Novo’s Comet Well and into the Elysian tenements.
Artemis was last month granted permission to process an initial 4500 tonnes (t) of gold-bearing material at Radio Hill. The company will now request for the tonnage to be increased to process 50,000t by the end of June.
David Lenigas, Artemis chairman, said these tenements would be the prime focus for extracting the first 4500t bulk sample for processing and grade determination.
“The bulk samples will be processed through our Radio Hill plant site. The gravity circuit at Radio Hill is now fully permitted and installed,” Lenigas said.
“These tenements fill in the missing but highly important keyhole between Novo’s Comet Well project and Artemis’ assets around Radio Hill and Whundo.
“These tenements cover the immediate westerly extension of Comet Well, where Artemis witnessed local prospectors recover gold nuggets from surface with metal detectors.”
With the tenements granted, Artemis now plans to start to enforce its rights under the WA Mining Act.